EQS-News: Deutsche Beteiligungs AG: Partial sale of Solvares to Five Arrows
Deutsche Beteiligungs AG (DBAG) sells a significant equity stake in Solvares, a leading provider of Field Service Management, Field Sales Management and Transport Management & Logistics solutions.
- Deutsche Beteiligungs AG (DBAG) sells a significant equity stake in Solvares, a leading provider of Field Service Management, Field Sales Management and Transport Management & Logistics solutions.
- With the investment in Solvares, DBAG ECF III has successfully managed the succession of the former founder-led business.
- DBAG realises proceeds from the sale that are slightly above the valuation of the investment in the preliminary financial statements as of 31 December 2023.
- The sale of the investment in BTV Multimedia was the first MBO divestment from the DBAG ECF III portfolio.